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Search Results 0 to 49 of about 73 (some duplicates have been removed)
britain is debating whether to lead the eu, why does turkey want to become a full member of the club? and a man who came close to the european union's first marxist prime minister has increased the political and d in athens. he was nicknamed sexting slc -- secy alexi. we went to see if there really is this problem in greece. please be warned, there is some flash photography. >> greece is a place where economic crisis has given way to social crisis. strikes paralyzing the capital, and now, political violence. somebody fired a kalashnikov. now, the left wing has increase the ante, making accusations about the secret service in the 1970's. in 1969, a bomb in the -- in milan left several dead. it is a state with in a state. a strategy of tension. today, there is the gospel of the present great government. the coalition government brought about last year has stabilized the fiscal situation, but it is politically fragile. this is becoming perhaps the first marxist prime minister. >> a secret strategy of creating violent attention. >> it is not exactly a secret strategy. i think it has been
trading mission was formally approved by eu foreign ministers in brussels -- european union training mission was formally approved. >> citizens are worried involvement could be a long, drawn-out affair like in afghanistan. the point has to be approved by the bundestag later this week. >> french and malian forces engaged in a gunbattle. under a new proposal, german troops would not join them on the front line, but they would provide more logistical support, like using airbus jets to refuel french warplanes mid-air. an additional 150 troops will be needed for this task. several military planes are already being used to transport soldiers. >> we europeans have a strong interest in making sure that a safe haven for global terrorism is not allowed to develop on our doorstep. >> the german cabinet also wants to help train and assess the performance of the malian army. german soldiers will work together with units from other eu countries. >> the army needs to be trained from scratch so they can take over security themselves. we hope this is feasible, but it is a difficult and long-term chal
to provide a voice of the world. last week's european council agreed the overall limit on eu spending for the next seven years, starting in 2014. been agreed in the past, spending has gone up, but last week we agreed that spending should come down. by working with like-minded allies, we delivered a real- terms cut in what brussels can spend for the first time in history. as the house knows, the eu budget is negotiated annually, so what we were negotiating -- initially at the council last november and again last week -- was not the individual annual budgets, but rather the overall framework for the next seven years. this includes the overall ceilings on what can be spent -- effectively, the limit on the european union's credit card for the next seven years. during the last negotiation, which covered the period 2007 to 2013, the last government agreed to an 8% increase in the payments ceiling, to 943 billion. put simply, this gave the eu a credit card with a higher limit, and today we are still living with the results of allowing the eu's big spenders to push for more and more spending
, which france says it would back. eu foreign ministers have been talking about the conflict, agreeing that african troops should take over from the french asap. >> here's more on the story beginning with germany's involvement. >> german aircraft could soon be used to support french intervention in mali, providing mid-air refueling to french planes as they go to combat zones. the proposed increase in german military involvement has been welcomed by lawmakers from the governing coalition. >> it is about making more support available to our french partners. to help make sure that mali does not turn into a breeding ground for international terrorists. >> germany has already provided two military transport planes to help transport african union troops with a third ready if needed, but further help will require approval from parliament. the green party do not see it as a simple yes vote. >> the crucial thing about this military involvement is that it must lead to a political process because the military cannot solve the problem. >> parliament must also approve a planned eu training mission
on the show -- after grueling marathon negotiations, the eu agrees on a budget bill that for the first time sees a cut in spending. >> street battles in tunisia following the funeral of the slain opposition leader chokri belaid. >> millions are in asia heading home to celebrate the year of the snake. for the first time in the history of the european union, the long-term budget will be cut. 27 eu leaders meeting in brussels have agreed to a final budget during a second summit arranged especially to do so. we will go live to brussels for the latest in just a moment. >> that's right -- the drastically reduced seven-year budget is worth 959 billion euros and was hammered out after two days of nearly round-the- clock negotiations and is far less than the just over $1 trillion euros -- and the one trillion euros the commission had originally proposed. >> german chancellor angela merkel went into the talks saying she was confident the agreement would be reached. in the end, the 27 member states came up with a compromise that even british prime minister david cameron welcomed as a good deal for bri
in brussels. we asked her if the eu is prepared to back the call for war crimes. >> the problem there is the u.n. security council would have to refer the case to the courts and the eu has failed in its attempts to get russia, a permanent member of the u.n. security council, to put pressure on their ally, syria. they say they welcome any attempts from any side to end the conflict and end the violence happening. they have always said that they were concerned about crimes committed against humanity and they have always stressed that they will do everything that they can to support moves to end the conflict in syria. >> we will have more in a moment, but staying in brussels , they have agreed to renew an arms embargo against syria. britain wanted to allow the nation's two armed forces, but many say neither side should be armed with weapons from europe. sanctions are also amended to provide greater humanitarian and technical assistance and protection of civilians. let us turn now to nina to ask for more about the foreign minister's reasoning for renewing the arms embargo on syria. >> most eu count
it means for the eu debt crisis. what does brussels make of the vote so far? is austerity out? >> there are no official comment yet, but you can rest assured that everyone is watching very closely. brussels has been very concerned and worried about the potential return to power of silvio burlesconi. they have been working very closely together this past year to get in back on its feet. italy, like we have heard before, is a very important player in europe, the third biggest contributor to the euro budget and one-fifth of the rescue aid comes from realm. the concern is that if silvio burlesconi returns to power, that risks plunging the entire eurozone into chaos again. plus, the european project could come to a standstill. one message has been received here in brussels. more than half of the italians voted for the euro-sceptic populist. one of them, they will have to deal with in the next government that will be formed. >> nina, thank you for the update from brussels. the outcome of the italian elections has been weighing heavily on financial markets. our correspondent from fra
under one trillion euros, how much money should the european union spend over the next six years? eu leaders are trying to reach a compromise deal on their next budget, but the talks will not be easy at a time of economic austerity. >> how much should a cost to run the european union? that is the question facing -- should it cost to run the european union? that is the question facing leaders today. they want bigger funding to pay for infrastructure projects like this. the french want eu grants to their farmers to be kept high. the countries in the south are struggling with that. they cannot afford any cut in revenue from the eu -- with deb t. they cannot afford any cut in revenue from the eu. northern european nations are close to the uk position. the french suggest david cameron may have to back down a bit. >> a compromise is possible, but we must be reasonable, so we need to reason with those who want to cut the eu budget. >> one of the front lines in the battle of the budget is here at the european union -- european commission. the cost of running the european union is actually a
a goal for the european union. after years of very little progress, the e appears to -- the eu appears to have an ally in what has. >> president obama announced the start of trade negotiations on a trade deal. brussels said talks could begin before summer. if successful, those negotiations would result in the biggest financial trade deal ever. >> the eu and u.s. already trade some 2 billion euros worth of goods and services every day. about 1/3 of total global commerce. president obama wants to bring that commerce into what would be the world's biggest free trade zone. the european commission says that would have world wide applications. >> which translates into tens of billions of euros every year and tens of thousands of new jobs. this offers us a great perspective at a time when we are gradually making our way to recovery. most important of all, it is a boost to our economies that does not cost 1 cent of taxpayer money. >> both sides stand to benefit. economists to warn that negotiations will be tough. the eu and washington disagree on issues ranging from industrial trade barriers a
'm kelly evans. these are your headlines from around the world. >> eu leaders are nearing a historical deal in brussels which could see the region's spending reduced for the first time. >>> chinese trade going gang bust ner january while inflationary pressures ease off thanks in part to the lunar new year effect. >>> this company must not disappear. that's the french government. it says it may invest in peugeot. >> and the yen says the currency has weakened too much. >>> welcome to the final program of the week. i'm pleased we've got to this day. >> we've had a lot of time together this week. i have. and that's not why i'm pleased we got to this day. >> yeah, yeah. >> strong numbers out of china. >> that's right. we saw a big improvement there. but i have to say frankly, most people's attention whether it's here or on the other side of the pond is the snowstorm. it seems like winds, 50 miles per hour. blizzard conditions in the u.s. we know when there's a storm like that headed for the biggest media market frankly in the world, it's probably all you're going to hear about for a while. >> th
of unemployment in the eu. the latest employment numbers for greece are from october. at that time, nearly 27% of greeks were unemployed. spanish employment levels are not much better. austria, germany, and luxembourg have the best employment numbers, but that's not enough to change a europe-wide trend. eurozone unemployment has been on the rise for the last five years. at the beginning of 2008, the jobless rate stood at 7.2%. today, 11.7% of eurozone residents looking for a job cannot find one. youth unemployment figures are especially worrisome. nearly one in four young people under the age of 25 cannot have a job. youth unemployment in spain tops 55%. >> german lawmakers began debating friday a controversial ban on the far-right party. the previous attempts to outlaw it failed in 2003. >> this new drive to ban the party came after revelations that a neo-nazi group linked to the npd carried out a decade- long string of racially motivated murders. >> a former high-ranking member of the far right npd is thought to have supplied the weapons used by the new lots is in the recent killings. along
the european union. i do going the way of european parliament for an eu able to meet the challenges and you need to come out and say that quite clear as your fellow citizens. mr. president of the republic. [applause] [speaking french] >> translator: i want to thank you for having got the budget treaty ratified in parliament because that's a good sign for europe, but i looked long and hard. i don't see what's happened to your 120 billion euros. where have those billions gone, mr. president? please tell us. we are legislators. and we are men and women of goodwill, but we have a responsibility to our fellow citizens. we get here to talk, teen ago she, you need to know that there are points which we won't give ground on. first of all, there is the question of flexibility. we need to have genuine flexibility in the financial framework between budget alliance and between news. that's how we have managed to run the budget properly in the context of austerity and balanced budget. second, own resource but if the european budget is going to be financed properly, it will allow us to reduce the contrib
shuts down the east coast of the united states. eu leaders agree to cut the european budget for the first time. and at the berlin film festival, a screening for promised land starring matt damon. emergency services are on alert along the east coast of the united states. a massive blissrd has knocked out power to more than half a million households and led to the shutdown of at least one nuclear plant. massachusetts officials have urged people to avoid unnecessary travel. the governor has issued a driving ban to keep roads free for rescue and clearing vehicles. meteorologists gave plenty of warning but the storm has dumped so much snow people are still struggling to cope. >> new york's la guarda was only one of many airports that were badly hit with thousands of flights canceled. day-to-day life has all but ground to a halt on the east coast. >> i'm going to declare a state of emergency east coastive this afternoon. which gives the state more flexibility and local governments more flexibility in dealing with this situation. >> in some places, snow has been falling at a rate o
, the eu has unveiled the details of a financial transaction tax it hopes to introduce next year -- the goal, raising tens of billions of euros every year and curbing speculation that can cause of people in the financial markets. >> but it is a very controversial measure. so much so that even less than half the state's leading lady the tax. >> the new tax will apply to billions of transactions a year. 11 eurozone countries including germany hope to introduce the tax this year. the levy would amount to 0.1% on trades and bonds, stocks, and currencies. >> what we have proposed is technically sound and legally robust as a tax, a tax which will strengthen our market and tim burke irresponsible financial trading. >> the eu commission wants to make sure companies do not just do their trading somewhere else, so the tax will apply if one of the parties is located in a participating country. opponents say that will not work. >> where a tax is suddenly imposed in 11 of the 27 eu countries, that creates pressure for companies to change their place of business. >> but the eu commission says
by talking about ordinary europeans getting up and reading about the crisis of confidence in the eu, the lack of transparency and lack of democracy in brussels. he said this inevitably engendered notions like fear and dismay and the solution until frustration -- and frustration, so the real question was how to overcome this kind of emotions. as a former east german dissident, he said there is only one way to overcome those kinds of emotions and that is for people to get involved, to overcome indifference and complacency. on an economic front, it was interesting -- he admitted that germany has profited more than any other european country in the last 10 years of. he said other countries have been complaining about that i am quite an angry shape or form. he said the only question was not a german europe but a europeanized germany. people had high hopes that it would sort of reinvigorate the european mission. gauck has considerable rhetorical capabilities, but it was not a great speech, it was a good speech. it was dutiful. there were fireworks. i do not think he captured anyone's imagination to
, here our president is addressing concerns in their lives. i agree the big topics like the eu trade pac that is very important. but i don't think people in the country are listening for that. they are listening for all the little programs that the rest of you ridicule, and he is telegraphing he gets what their problems are and he is on their side. that is very important politically. >> i will help redeem the president all right? he is on the wake of three weeks away from his earlier address at the inauguration okay? people saw that. and i think they feel he is going to be repeating that. and that is probably a big reason why they didn't tune in. therefore, he gets a pass. what do you think? >> also i think that's right. i think eleanor's right if you are watching it on white house.gov my wife watched it on her ipad. that doesn't show up in the neilsen ratings. a lot of people were watching it online or watching it the next day. tv consumption is changing. >> the oratory about they deserve a vote and going through all the gun victims, those are real people and they were sitting there. >>
for the river and an island for the city. >> 1 trillion euros -- that's roughly how much the eu countries lose every year to tax evasion. brussels is not amused, not least because the euro crisis is far from over. now europe is looking for ways to more effectively track down and penalize tax dodgers. in italy, tax collecting is done by the finance police, the guardia de finanza. employees often used dubious methods when chasing down tax defaulters. the tax collectors work on commission. the more people they catch, the better for them. that is putting pressure on ordinary italians, especially small and medium-size companies. >> it was a spectacular protest against italy's new tax laws. the owner of a small beach bar scaled the dome of st. peter's basilica in rome and stayed put for some 24 hours. when he climbed back down, he was greeted by a cheering crowd. [applause] >> i really hope this tax issue is resolved soon and our small businesses as well as the whole economy can pick up again, at least a little. >> the tax measures by italy's technocrat government under the prime minister are anothe
in brussels. after talks lasting through the night, we now have a draft proposal for the eu budget. many more hours ahead before a deal is finally done. >> nasa's curiosity rover gets down to work on the red planet. thousands of tunisians are gathering in their capital for the from -- funeral of a prominent opposition leader. shape -- shokri belaid was shot in front of his home. he was one of the government's fiercest critics. some are putting the blame on the ruling party. hashemi behar a -- hashem able horror -- haitian -- hashem ahelbarra is live with more. >> there are protests across the country and symbolic ceremonies paying tribute to the opposition leader. we are expecting the funeral to start anytime soon. the procession will be in the capital where he will be laid to rest. people are concerned about potential clashes with supporters of the government and supporters of the opposition. they have beefed up the present of security forces to try to prevent any such deterioration of the situation. >> where does all of this leave the political stalemate at the moment, hashem? >> more conce
in cairo. for the first time, european leaders have agreed to cut the eu budget. i took more than 24 hours of wall-to-wall negotiations to reach a deal -- it took more than 24 hours. there were major disagreements. one camp was determined to make major cuts, and another was set on keeping up the you put the public spending. austerity one out in the end -- austerity won out in the end. >> keeping his hands in pockets -- all part of the negotiation, but eventually, a deal. countries would contribute most to the budget fought hard to cut costs, arguing that this age of austerity demands nothing less. >> the british public can be proud we have cut the seven-year credit card limit for the european union for the first time ever. every previous time, the multi- year deals have been agreed, spending has gone up. not this time. >> this was always going to be a long stretch. no budget deal is ever easy. it took more than 24 hours of nearly nonstop haggling to produce results -- all too much for some. those who sought to protect certain areas of spending fought their corner hard, but the french presi
at the new eu agreement to cap bonuses. it is aimed at a re-piece of the financial crisis. >> those in favor say it will address public anger about the role played by the banks and the economic meltdown. those against it, notably britain's -- britons, say that it will drive talent out of europe. >> the talks took more than 10 months. negotiators managed to clinch the deal despite opposition from the uk. at present, bankers can receive bonuses of as much as 20 times their basic salary. under the new rules, which can come into effect next year, they could be -- capped at one year's salary. >> most important thing is that banks will be stabilized, that a are better able to withstand the crisis -- that they are better able to withstand the crisis. >> it shows we are implementing what we learned from the financial crisis. >> critics say bonuses can encourage bankers to take unjustifiable risks in order to make more money. some say such behavior caused the financial and banking crisis. from now on, banks will also have to hold more capital as a buffer against any future crisis, a move intended to
. i know what that poll is saying, but i think there's a lot of confusion between the euro and the eu sometimes. i know that people think of the eurozone and the eu as sort of the same thing. >> the whole message from the conservative government has been a little confused. it's interesting and we'll play this a little later, but -- >> but they want to stay in the eu if they can negotiate new terms. you punish about there's a split in there because there will be one wing of the party that is essentially we want to stay and he are negotiate. the question comes is if they can't get everything they want, do they then say we tried, but we still better stay? a whole other wing of the party says, if we try and we don't get what we want, then we had better leave. >> and it's interesting. we asked earlier tr week about whether it would be bad for business if britain left the eu. actually, he seemed to say yes. in every the less, i think he serves in some capacity with the government, as well. he hesitated a little bit and says, well, yes, we'll play that tape. >> and how many other people actu
minister gave the house an update on the eu negotiations on the budget, and he will know that regional aid, which comes from the eu, plays an important role for some of the regional assemblies when it comes to attracting inward investment. will he update the house on the continuation of regional aid? >> the outcome of the budget leaves the amount of overall regional aid that britain will receive broadly similar to the last period at around 11 billion. there are changes in the definitions of regions, partly because of the new concept of transition regions. what we now need to do is to sit down, as the united kingdom, and work out how best to make sure that the money is fairly divided between wales, northern ireland, scotland and england. there are transition regions in england that are looking to benefit, but i am sure that we can have fruitful discussions and come to a good conclusion. >> is my right honorable friend amused that the leader of the opposition and the deputy prime minister are both trying to claim credit for his brilliant achievement of a real-terms cut in the eu budget? does
year. >>> and the eu moves to clamp down on big paychecks in the banking sector, looking to cap bonuses on a banker's salary as early as next year. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> okay. we're back. you're mobiled up and we have some data. >> yes. it's such a mobile world, isn't it, in many ways. let's first talk about what's happening with the german unemployment figures. we were waiting on these. it turns out 6.9%, that is the unemployment level for germany in january. the unadjusted figure is 7.4%. it's higher than expected. you can see the forecast was for 6.8%. the prior month was revised higher. the rate itself was unchanged. that's a right i think here in london or certainly in the u.s. they wouldn't mind seeing at this point. >> we've created a million private sector jobs. >> in britain? >> yeah. >> well, congratulations. >> there you go. that is the great conundrum, right? >> it's true. the different between -- well, and even with germany. the liesh market social security holding up, despite the sharp contr
. we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that's a bump in the road or the start of a down trend. >> you have the front cover, these are all good contra indicators. >> sorry, media friends. but this is not exactly the best of -- >> we always have timing. on today's show, we're in zurich where we hear from the ceo of ubs about the group's outlook. the swiss bank won to a loss in the fourth quarter. >> and is we'll head out to california for a look at the next offer. it's due to be released later today. we'll be live in madrid as the spanish prime minister's party pledges to fight corruption allegations that have prompted calls for his resition naz. >> and for its to earn its annual forecast on a weaker yen, we have in-depth analysis at 10:40 cet. be
are high this time around for some kind of deal. >> british prime minister david cameron wants the eu to mend what he sees as its wasteful ways. he made his point by arriving on foot, not in a chauffeur-driven limousine. he went into the talks in a bullish mood. >> the numbers that were put forward were much too high. they need to come down, and if they do not, a to be a done deal. >> that puts him on a collision course with many other eu leaders who argue the block needs a $1 trillion budget to fight unemployment, fund education and training and invest in the future. >> i of europe goes for compromise at any cost and puts common policies, agriculture, and growth at risk as a result, i will oppose it. >> with opinions so clearly divided, german chancellor angela merkel was keen to play down the differences and talk up the prospects of reaching agreement. >> the starting positions are quite far apart. but speaking for germany, i say we will do everything we can to come to an agreement. because in times of uncertainty and high unemployment, it is essential for people to be able to plan
. the united states will seem approval from congress while the eu council takes the next steps in its process. both sides aim to launch official negotiations this summer. the biggest obstacle is deferring regulations on beef. the eu has stricter safe rules than the u.s. he's heading a delegation from the european parliament. the delegates will be meeting with japanese lawmakers to discuss the planned partnership. >> it's good for japan. it's good for european union. i expect trade talks wil produce talks in one or two years. >> negotiations are likely to begin in march. that's the latest in business for this hour. here is a check on regional markets. >>> south korea's elect says he may revise how park geun-hye says she may revise how she deals with north korea from the start. her political platform includes building better relations. >> translator: the north should understand that with any further provocation we will no longer be able to have a dialogue even if we want to. >> park spoke to a transition committee who are working on other foreign relation matters. she says the test shows the di
>>> the european union tightened sanctions on north korea. eu foreign ministers say authorities in north korea have endangered security worldwide. leaders followed through on their threats last week and carried out another underground nuclear tests. the ministers expanded. the sanctions also banned the export and import of components that could be used in ballistic missiles including certain types of aluminum. they say they put a satellite into orbit. but weern leaders say the north kores we devopin balltic missil which can rry nuclr payload. netanyahu says the fact they went ahead with the tests show sanctions don't work. he says it was proof world leaders should do more to stop nuclear ambitions in another nation, iran. netanyahu told international jewish leaders gathered in jerusalem that embargoes should be coupled with a military threat. >> even tougher sanctions will not stop them. case in point, north korea. have sanctions, tough sanctions, stopped north korea? no. >> israeli leaders believe their counterparts in iran are trying to develop nuclear weapons. the israelis ha
and growth. >> angela merkel says all eu member states must cut costs. two weeks ago, the chancellor and british prime minister david cameron went out in brussels securing an eu budget cut of around 3%. now merkel has defended that decision. she says the crisis means everyone has to save. >> i will say it quite plainly -- it would have been hard to explain to people in europe, both to the states hit by the crisis and those bearing the bulk of the burden of solidarity why everyone in europe has to say except for europe itself. >> but the opposition disagrees. social democrats' candidate for chancellor peer steinbrueck says merkel advocates too much austerity and too little investment. he also accused merkel of making common cause with europe's foes. >> you've made an unholy alliance with no sense of perspective. and with a leader david cameron who may want to leave the you. it is a strange alliance if your aim is to safeguard europe's future for the days to come. >> strong stuff, but the opposition is the least of pass the budget draft.elelelel'o merkel's critics are gearing up for a
today also included plans for a free-trade agreement between the eu and the u.s. kerry also took time out of his schedule to meet with young people in the german capital. >> security lock down as john kerry returned to the city he once called home. the first stop on the visit was for a chat with young berliners. discussions of a different kind with the chancellor. high on their agenda -- foreign policy and the economy, but first these comments on the relationship with the u.s. >> i record a great deal of importance to transatlantic ties. we do not just have common values. we also face common tasks. >> a number of these challenges were discussed at an earlier meeting with kerry's german counterpart. first and foremost, the plans for a new free trade deal between the u.s. and europe. >> germany is our largest trade partner in europe, and we want to see even more trade and investment that will create jobs -- jobs for -- jobs for germans, for americans, for all europeans. >> negotiations are set to begin within months, and i of the two sides managed to overcome their differences, could be
countries with a shared agenda. >> the prime minister give an update on the eu negotiations on the budget. the prime minister will know that -- which comes from the eu plays an important role for some of the recent assemblies when it comes to attracting inward investment. can he give the house an update on the continuation of regional? >> what i would say to the honorable gentleman is that the outcome of the budget leaves the amount of overall a that britain will be receiving broadly summer to the last period at around 11 billion euros. to our changes in the definitions of regions, part of because there's this new concept of a transition region that has come in, and so what we now need to do is to sit down as the united kingdom and work out how best to make sure the money is fairly divided between wales, northern ireland, scotland and england. for our transition regions in england that are looking to benefit but ensure we have discussions and come to good conclusions. >> is my right honorable friend and is the leader of the opposition and the deputy prime minister are both trying to claim
Search Results 0 to 49 of about 73 (some duplicates have been removed)

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